Buyer II - Peoples

Signet Jewelers; Irving (TX); On-site; USD 70,000 - 100,000; Full time

Job summary

Signet Jewelers, the world’s largest diamond jewelry retailer, is seeking a Buyer in the Merchandising team in Irving, TX. You will develop merchandise assortments and strategies to drive profitable sales and ensure product value, quality and styling.

Lead open-to-buy, vendor negotiations and promotions, while partnering with Marketing, Visual Display and MP&I to maximize performance and growth. The role requires travel, leadership, and cross-functional collaboration in a fast-paced retail

Qualifications

• Bachelor’s degree in Fashion Merchandising or related field preferred.
• 3+ years prior buying experience.
• Ability to travel nationally and internationally as needed.
• Computer skills with Microsoft Office.
• Strong communication, negotiation, organizational and math skills.
• Ability to work in a fast-paced environment.
• Ability to work independently and as a team.
• Ability to demonstrate leadership skills.

Responsibilities

• Partner with Merchandising Director to set strategic vision for each department under their responsibility.
• Develop, select, test, price and acquire quality merchandise consistent with consumer demand and strategic goals.
• Maintain up-to-date knowledge of jewelry market trends and competitive strategies.
• Develop new product concepts/brands for test markets with potential expansion.
• Coordinate efforts with marketing, visual display and advertising departments.
• Identify & source key promotional items and present recommendations to leaders.
• Analyze weekly business and report to leadership in meetings.
• Co-manage open-to-buy and e-commerce assortments with the MP&I team.
• Manage lifecycle from inception through clearance/end of life.
• Work closely with vendor base on cost negotiations and returns.
• Present business reviews to merchandising leaders and proof advertising materials for accuracy.
• Work with Visual Merchandising on POG updates twice a year.
• Develop strong cross-functional partnerships with store operations, MP&I, Central Sourcing and DCs.
• Oversee training and career development for direct reports.

Skills

Strong communication

Negotiation

Organizational skills

Math skills

Travel ability

Education

Bachelor's degree in Fashion Merchandising or related field

Tools

Microsoft Office

Job description

Signet Jewelers is the world’s largest retailer of diamond jewelry, operating more than 2,800 stores worldwide under the iconic brands: Kay Jewelers, Zales, Jared, H.Samuel, Ernest Jones, Peoples, Banter by Piercing Pagoda, Rocksbox, JamesAllen.com and Diamonds Direct. We are a people-first company and this core value is at the heart of everything we do, from empowering our valued team members, to collaborating with our customers, to fostering the communities in which we live and serve. People – and the love their actions inspire – are what drive us. We’re not only proud of the love we inspire outside our walls, we’re especially proud of the diversity, inclusion and equity we’re inspiring inside. There are dynamic career paths awaiting you – rewarding opportunities to impact the lives of others and inspire love. Join us!

The responsibility of the Buyer is to develop merchandise assortments and strategies to drive profitable sales and productivity across their departments, while ensuring product value, quality and styling. The buyer holds a leadership role within the Merchandising team and is responsible for all aspects of assortment planning, selection, maintenance, vendor negotiations and promotion, for designated product categories.

Key Responsibilities

• Partner with Merchandising Director to set strategic vision for each department under their responsibility.
• Develop, select, test, price and acquire quality merchandise consistent with consumer demand and strategic goals.
• Maintain up-to-date knowledge of jewelry market trends and competitive strategies that will allow for the ability to adjust quickly to changing market trends and conditions.
• Develop new product concepts/brands for test markets with potential expansion
• Coordinate efforts with marketing, visual display and advertising departments
• Identify & source key promotional items several times a year and present recommendations to leaders
• Analyze and react to business on a weekly basis and be prepared to report to leadership in Monday sales meetings.
• Develop a strong partnership with MP&I team to co-manage open-to-buy and e-commerce assortments
• Manage lifecycle from inception through clearance/end of life
• Work closely with vendor base on cost negotiations and returns of discontinued products
• Present business reviews to merchandising leadersProof advertising materials for accuracy
• Work with Visual Merchandising team on POG updates twice a year
• Develop strong cross-functional partnerships with store operations, MP&I, Central Sourcing team and DC teams
• Oversee training and career development for direct reports/team

Minimum Requirements

• Bachelor’s Degree in Fashion Merchandising or related field preferred
• 3+ years prior buying experience
• Ability to travel nationally and internationally as needed
• Computer skills with Microsoft Office
• Strong communication, negotiation, organizational and math skills
• Ability to work in a metal-free environment when necessary
• Ability to work in a fast-paced environment
• Ability to work independently and as a team
• Ability to demonstrate leadership skills